We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · LL30 1BZ
Listing removedListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A WELL PRESENTED, SPACIOUS AND RECENTLY UPDATED SECOND FLOOR PURPOSE BUILT TWO BEDROOM ASSISTED LIVING RETIREMENT APARTMENT, situated at the side of the building with sea views, on the level and within half a mile of the Town Centre.
The property is held on leasehold Tenure over a 125 year term from the 1st march, 2002 with a Ground Rent of £923.00 per annum.
The annual charge for the Management Support Service for Flat 42 up to 31st August 2026 is £9,704.29 with a minimum age for occupancy of 60 years of age, or such other age as the landlord may in his discretion permit.
The Accommodation Comprises:- - Communal Entrance - Access to lifts for upper floors, ladies and Gentleman's w.cs. Estate Manager's Office - With 24 hour staffing.
Entrance Hall - With handrail and storage heaters. Resident's Communal Lounge - With gallery at the first floor level, French door opening to the garden, sea views.
Function Room - Coffee Room - Residents' Dining Room/Restaurant - Opens daily from noon until 2.30 p.m for lunch with a choice of menu for owners and their guests.
Morning coffee and afternoon tea on certain days. The Guest Suite - Available for relatives or friends. A charge is payable for its use.
Residents' Laundry And Ironing Room - Automatic washing machines and tumble dryers plus a sink for hand washing and ironing facilities.
Battery Car Store Room - Power points for re-charging (limited availability) Refuse Room - Second Floor - Front Door To Apartment 42 With Spy Hole - Hall - Entry phone system, intruder alarm system, coved ceiling, smoke alarm, 'Bessor' electric radiator, walk-in cupboard with electric meter, hot water boiler.
Lounge/Dining Room - 6.49m x 3.19m (21'3" x 10'5") - 'Bessor' electric radiator, coved ceiling, t.v and telephone point 3 upvc double glazed windows, sea view, emergency pull cord, door to storage cupboard with shelving and light, double opening doors to:- Views From Lounge - Recently Refitted Kitchen - 2.29m x 2.24m average (7'6" x 7'4" average) - Recently fitted Grey fronted base, wall and drawer units with worktops, single drainer sink with bi-flo taps, built-in 'Zanuzzi' oven, 2 ring electric hob, plumbing for a dishwasher, space for a fridge, upvc double glazed window with electric opener, coved ceiling, pull cord switch.
Bedroom 1 - 4.09m x 3.10m (13'5" x 10'2") - Plus built-in wardrobe with hanging rail and shelving, storage heater, coved ceiling, telephone point, upvc double glazed window.
Bedroom 2 - 5.34m x 3.18m (17'6" x 10'5" ) - Coved ceiling, upvc double glazed window, pull cord.
Recently Re-Fitted Tiled Shower Room/Wet Room - Walk-in shower with seat and grab rails, vanity wash hand basin with mirror and lighting, w.c, 'Creda' electric fan heater, extractor, electric ladder style towel warmer, plumbing for a washing machine and space for a dryer.
Outside - The GARDENS and external areas are maintained for the enjoyment of all residents.
There are patio areas and well stocked border Large Car Parking Area - Is available on a daily first come first served basis.
Tenure - - LEASEHOLD over a 125 year term from 01/03/2002 with a Ground Rent of £923.00 per annum and the Service Charge for year ending 31/08/26 is £9,704.29. Council Tax Band - Is 'E' obtained vai
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Clarence Road, Craig y Don, Llandudno
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